Cash commutation - is it tax free

Marsh Field

Registered User
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I have a small pension with a UK company that I worked for many years ago. I recently Asked about getting cash from this and they have now responded to say that one of my options is a £30k cash lump sum (paid tax free).

My questions:

(1) Is this just tax free in UK or is it tax free in Ireland too?
(2) I am 58 and still working. Am I allowed to do this under Irish Revenue legislation?

The company managing the pension for the former Irish employees is a well known international company in the pensions business.
 
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